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The Impact of Divorce on Real Estate Holdings
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On November 18, 2020, Partner Judy Poller discussed "The Impact of Divorce on Real Estate Holdings" before the New York State Society of Certified Public Accountants. Judy explored how during a Divorce in the midst of the COVID-19 pandemic, Real Estate holdings – like everything else in 2020 – have become another area ripe with uncertainty and the unknown. Judy specifically scrutinized how a person’s residential and commercial real estate holdings in the current market are impacted by the divorce process.
Key Topics:
- How do emotional ties to real estate complicate the process?
- What are the options divorcing parties’ have regarding their real estate holdings during and after divorce?
- How have real estate valuations changed due to COVID-19?
- How do commercial and residential real estate present different challenges for holders going through divorce?
- How can a divorce attorney best represent clients in these present circumstances?
